23 Parkshores Drive
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Property Highlights
Building Info
Overview
- Year Built: 1994
- Building Count: 1
- Total Rooms: 4
- Bedroom Count: 2
- Bathroom Count: 2
- Full Bathrooms: 1
- Partial Bathrooms: 2
- Building Condition: 7
- Building Quality: 7
- Construction Type: 0
- Building Style: 40
- Exterior Walls Type: 19
- Interior Walls Type: 3
- Roof Shape Type: 0
- Roof Cover Type: 15
- Floor Cover: 9
- Basement Type: 2
- Basement Area: 534
- Garage Type: 7
- Garage Square Area: 399
- Parking Space Count: 1
- Patio Type: 79
- Porch Type: 106
- Pool Type: 0
- Location Influence Type: 118
General
- Lot Size Square Feet: 5,042
- Lot Size Depth Feet: 1,090
- Lot Size Frontage Feet: 350
- Total Building Area: 1,494
- Gross Building Area: 1,494
- Building Area: 1,494
- Building Area Measurement: L
Dimensions
- Fireplace Count: 1
- Air Conditioning: 0
- Heating: 4
- Heated Square Feet: 1,494
- Heating Fuel Type: 3
Heating and Cooling
- Sewer System: 0
- Water Service: 0
Utilities
Building
- Building Type: 0
- Property Class: R
- Subdivision: WHITE OAK PARK SUB
- Land Acres: 0000000116
- Standard Land Use Code: 1001
- County Land Use Code: 0040
- Legal Description 1: LOT 54 SECOND ADD TO LAKESHORES OF WHITE OAK PARK SUB
Neighborhood
- School District Name: McLean County Unit School District 5
- School Tax School District: 005
- Census Tract: 001403
Zoning
- Zoning: R2
Geography
- District: 40
- Parcel: 14-32-178-039
- Lot: 54
- Meridian: SEC 32 TWN 24N RNG 02E
- Municipality: CITY OF BLOOMINGTON
- Latitude: 40.4963
- Longitude: -89.0117
- Full Address: 23 Parkshores Dr
- Address - House Number: 23
- Address - Street Name: Parkshores
- Address - Suffix Type: Dr
- State: IL
- City Name: Bloomington
- Carrier Code: R007
- 4-Digit Zip Code: 1440
- Zip Code: 61701
Address
Valuation
- Tax Year: 2022
- Tax Amount: $344,782
- Tax Rate Code Area: 4008
Tax
- Standard Deviation: 0.1954
- Valuation Date: Feb 28, 2024
- Confidence Score: 73
- Final Value: 184,671
- High Value: 220,765
- Low Value: 148,577
Appraisal Valuation
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Open Liens
- Market Total Value: $135,060
- Market Land Value: $23,607
- Market Improvement Value: $111,453
Market Valuation
- Assessed Year: 2022
- Assessed Total Value: $45,020
- Assessed Land Value: $7,869
- Assessed Improvements Value: $37,151
Assessments Valuation
- Current Sale Contract Date: May 20, 2019
- Current Sale Recording Date: May 24, 2019
- Current Sale Price:
- Current Sale Document Type: 71
- Current Sale Input Document Number: 2019-00007916
Sales
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Last Sale Mortgage
- First Mortgage Financing Type: FIX
Financing
23 Parkshores Drive
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Comparables
Status
Price/ft²
Listed On
Sold On
About Bloomington
Stats & Trends
Median Asking:
$263,500Sale Price/ft²
$119Below Asking
0.01%Average Days on Market
45Average Home Size
2506 ft²Average Home Age
59 yearsCurrently For Sale
97 ListingsSimilar Homes for Sale
Currently no similar homes aroundNearby Rentals
Data Source: MRED, MLS# MRD12421338
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017